A powerful wave of technological and economic disruptions is transforming markets across traditional industries.
MnMs foresighting team has pinpointed over 150 high-impact future markets that represent a staggering $35 trillion opportunity by 2035. Our industry experts have analysed more than 6,000 markets to uncover the dynamic, fast-growing sectors that will drive profitability over the next decade.
These markets are grouped into 7 key themes, each highlighting game-changing trends and technologies poised to disrupt business models and drive competition between new and traditional players.
Modern Passenger vehicle OEMs are shifting their focus towards flexible and upgradable platforms, characterised by software updates and upgrades. This trend is driven by the fundamental principle of de-coupling feature upgrades with model platform refreshes, thereby making hardware and software mutually independent. This means, OEMs today now have the option of standardising hardware platforms with the ability to introduce and unlock new features through a software patch insertion, opening new revenue generation opportunities. In this direction, collaborations between OEMs and software service providers range from hardware platform commonalities, software development, feature updates with the overall objective of making model year and generation changes obsolete and redundant.